Financial Data and Key Metrics Changes - The company reported a 30% year-over-year increase in adjusted earnings per share from continuing operations, reaching a record $2.32 per share [4][10] - Adjusted EBIT margin expanded by 100 basis points to 23.9% [10] - Sales for the quarter were $353 million, representing a 29% growth, with organic growth at 8% [10][15] Business Line Data and Key Metrics Changes - Aerospace and Defense (A&D) segment saw orders grow by 60% on a reported basis and 12% organically, with sales increasing by 72% to just over $170 million [11] - Utility Solutions Group experienced 17% growth in orders, driven by Doble, while sales growth was muted at 2% [13] - The test business reported a 10% revenue growth, ending the year with a backlog of $187 million, up nearly 20% compared to the previous year [14] Market Data and Key Metrics Changes - Organic sales for the Navy market increased by 53% in the quarter and 24% year-over-year, reflecting strong demand for submarines [6] - Aerospace revenue was up over 10% in the quarter and 14% year-over-year, driven by increased production rates from Boeing [7] Company Strategy and Development Direction - The company aims to focus on the aerospace and Navy end markets, which present durable, long-term growth opportunities [5] - The successful acquisition of Maritime and divestiture of VACO are pivotal steps in the evolution of the company's portfolio [4] Management's Comments on Operating Environment and Future Outlook - Management remains positive about the long-term outlook for both aircraft and Navy markets, expecting increasing production rates to drive growth [6] - The company anticipates another strong financial year in 2026, with reported sales growth projected in the range of 16%-20% [17] Other Important Information - The company achieved record performance in 2025 across all key metrics, with orders exceeding $1.5 billion, a growth of over 56% [15] - Operating cash flow for the year was just over $200 million, significantly up from nearly $122 million in the prior year [16] Q&A Session Summary Question: Context on growth rates and margin trends at the segment level - Management provided guidance of 6%-8% growth for A&D, 6%-8% for Doble, and 3%-5% for test, with expected margin improvements across all segments [21] Question: Update on the integration of SM&T - The integration is on plan, with the Maritime business performing ahead of expectations, and positive new order activity noted [22] Question: Details on $200 million in ESCO maritime orders - The orders are associated with U.K. submarine-related programs, expected to generate revenue over two years [27][29] Question: Headwinds from canceled flights affecting aerospace - Management indicated no significant impact from recent shutdowns, with strong growth expected in aircraft manufacturing [30] Question: Insights on the energy business and potential inflection points - Management noted a potential downturn in the renewables market due to expiring tax credits but expects a return to normal growth rates in 2027 [39][41] Question: Capital allocation priorities moving forward - The company is focused on M&A opportunities within aerospace, navy, or utility markets, emphasizing disciplined investment strategies [42][43]

Financial Data and Key Metrics Changes - The company reported a 30% year-over-year increase in adjusted earnings per share from continuing operations, reaching a record $2.32 per share [4][10] - Adjusted EBIT margin expanded by 100 basis points to 23.9% [10] - Sales for the quarter were $353 million, representing a 29% growth, with organic growth at 8% [10][15] Business Line Data and Key Metrics Changes - Aerospace and Defense (A&D) segment saw orders grow by 60% on a reported basis and 12% organically, with sales increasing by 72% to just over $170 million [11] - Utility Solutions Group experienced 17% growth in orders, while sales growth was muted at 2% [13] - The test business reported a 10% revenue growth, ending the year with a backlog up nearly 20% compared to the previous year [14] Market Data and Key Metrics Changes - Organic sales for the Navy market increased by 53% in the quarter and 24% year-over-year [6] - The aerospace market saw revenue up over 10% in the quarter and 14% year-over-year, driven by increased production rates from Boeing [7] Company Strategy and Development Direction - The company aims to focus on the aerospace and Navy end markets, which present durable, long-term growth opportunities [5] - The successful acquisition of Maritime and divestiture of VACO are pivotal steps in the evolution of the company's portfolio [4] Management's Comments on Operating Environment and Future Outlook - Management remains positive about the long-term outlook for both the aircraft and Navy markets, expecting increasing production rates to drive growth [6] - The company anticipates another strong financial year in 2026, with reported sales growth projected in the range of 16%-20% [17] Other Important Information - The company achieved record performance in 2025 across all key metrics, with orders finishing in excess of $1.5 billion, a growth of over 56% [15] - Operating cash flow from continuing operations exceeded $200 million, a significant increase from nearly $122 million in the prior year [16] Q&A Session Summary Question: Context on growth rates and margin trends at the segment level - Management provided guidance for A&D business growth at 6%-8%, with expected margin improvements across all segments [21] Question: Update on the integration of SM&T - The integration is on plan, with the Maritime business performing ahead of expectations and positive new order activity noted [22] Question: Details on $200 million in ESCO maritime orders - The orders are associated with U.K. submarine-related programs, expected to generate revenue over two years [27][29] Question: Impact of canceled flights on aerospace - Management indicated no significant impact from shutdowns, with strong growth expected in aircraft manufacturing [30] Question: Thoughts on capital allocation moving forward - The company is actively looking at M&A opportunities, focusing on businesses that fit into aerospace, navy, or utility end markets [42][43]

Financial Data and Key Metrics Changes - The company reported a 30% year-over-year increase in adjusted earnings per share from continuing operations to a record $2.32 per share [4][10] - Adjusted EBIT margin improved by 100 basis points to 23.9% [10] - Sales for the quarter were $353 million, representing a 29% growth, with organic growth at 8% [10][11] Business Line Data and Key Metrics Changes - Aerospace and Defense (A&D) segment saw orders grow by 60% on a reported basis and organic growth of 12%, with sales up 72% on a reported basis [11] - Utility Solutions Group experienced 17% growth in orders, while sales growth was muted at 2% [12] - The test business had a 10% revenue growth, ending the year with a backlog up nearly 20% compared to the previous year [13] Market Data and Key Metrics Changes - Organic sales for the Navy market were up 53% in the quarter and 24% year-over-year [6] - The U.S. and U.K. customer bases are focused on increasing build rates for submarines, positively impacting sales and order rates [6] - The renewables market is currently facing headwinds, but long-term growth drivers remain in place [8] Company Strategy and Development Direction - The acquisition of Maritime and divestiture of VACO are pivotal steps in the evolution of the company's portfolio, enhancing its presence in the Navy market [4][5] - The company aims to focus on aerospace and Navy end markets, which present durable, long-term growth opportunities [5] - The company is actively looking for M&A opportunities that fit into its aerospace, navy, or utility end markets, which are expected to have long-term growth characteristics [41] Management's Comments on Operating Environment and Future Outlook - Management remains positive about the long-term outlook for both aircraft and Navy markets, expecting increasing production rates to drive growth [6] - The company anticipates another strong financial year in 2026, with reported sales growth expected in the range of 16%-20% [17] - Management acknowledges challenges in the renewables market but believes the business is well-managed and positioned for normalized growth in the future [39] Other Important Information - The company achieved record performance in 2025 across all key metrics, with orders finishing in excess of $1.5 billion, a growth of over 56% [15] - Operating cash flow for the year was just over $200 million, significantly up from nearly $122 million in the prior year [16] Q&A Session Summary Question: Context on growth rates and margin trends at the segment level - Management provided guidance for A&D business growth at 6%-8%, with similar expectations for Doble and 3%-5% for test [21][22] Question: Update on the integration of SM&T - Integration is on plan, with the Maritime business performing ahead of expectations and positive new order activity noted [23] Question: Details on $200 million in ESCO maritime orders - Orders are associated with U.K. submarine-related programs, expected to generate revenue over two years [28][29] Question: Impact of canceled flights on aerospace - Management did not see significant impact from recent shutdowns and expects continued growth in aircraft manufacturing [30] Question: Thoughts on capital allocation moving forward - The company is focused on disciplined M&A in aerospace, navy, or utility markets, leveraging a strong balance sheet [41]

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ESCO Technologies Fourth Quarter FY 2025 Earnings Call Bryan Sayler President & CEO Chris Tucker Sr. Vice President & CFO November 20, 2025 2 Q4 Results – Continuing Operations ($ in Millions, except per share amounts) 273.5 Q4'24 Q4'25 Sales 247.5 320.9 Q4'24 Q4'25 Entered Orders 62.6 84.4 Q4'24 Q4'25 Adjusted EBIT 23.9% 22.9% $1.79 1 Forward Looking Statement Statements in this presentation regarding Management's intentions, expectations and guidance for fiscal 2026, including restructuring and cost reduc ...

Sales Performance - Q4 2025 sales increased 29% to $353 million, with organic sales up 7.7% and Maritime acquisition contributing $58 million[5] - FY 2025 sales rose 19% to $1.1 billion, driven by an 8.8% increase in organic sales and a $95 million contribution from the Maritime acquisition[5] - Net sales for Q4 2025 reached $352.7 million, a 29% increase from $273.5 million in Q4 2024[28] - For the fiscal year 2025, net sales totaled $1.1 billion, a 19% increase from $919.1 million in fiscal year 2024[31] - The Aerospace & Defense segment reported net sales of $170.4 million in Q4 2025, a 72% increase from $99.3 million in Q4 2024[34] Earnings and EPS - Q4 2025 GAAP EPS from Continuing Operations increased 14% to $1.73, while Adjusted EPS rose 30% to $2.32[5] - FY 2025 GAAP EPS from Continuing Operations increased 13% to $4.49, with Adjusted EPS up 26% to $6.03[5] - Adjusted EPS from continuing operations for Q4 2025 was $2.32, up from $1.79 in Q4 2024, representing a 30% increase[28] - The adjusted EPS for continuing operations for FY 2025 was $6.03, up from $4.77 in FY 2024, indicating a 26.8% increase[47] Orders and Backlog - Q4 2025 entered orders increased 30% to $321 million, resulting in a book-to-bill ratio of 0.91x[5] - FY 2025 entered orders surged 57% to $1.6 billion, leading to a record year-end backlog of $1.1 billion[10] - The ending backlog for the fiscal year 2025 was $1,133,637,000, compared to $664,188,000 at the beginning of the year, showing a substantial increase in orders[45] - The company entered orders totaling $1,564,837,000 for FY 2025, a significant increase from the previous year's backlog[45] Financial Metrics - Consolidated EBIT for FY 2025 was $170.4 million, compared to $146.2 million in FY 2024, marking a 17% increase[38] - Consolidated EBITDA for FY 2025 was $245.4 million, compared to $198.4 million in FY 2024, reflecting a 24% increase[39] - Adjusted EBIT for FY 2026 is expected to increase approximately 21% to 25%, with margins rising to 20.9% to 21.5%[18] Cash Flow and Assets - Cash flows from operating activities for continuing operations were $200,396,000 in 2025, up from $121,582,000 in 2024, representing a growth of 64.6%[43] - Total current assets increased to $688,506,000 in 2025 from $668,649,000 in 2024, representing a growth of 1.28%[41] - Cash and cash equivalents rose to $101,350,000 in 2025, up from $65,963,000 in 2024, marking a 53.5% increase[43] Debt and Liabilities - The company reported a total long-term debt of $166,000,000 in 2025, compared to $102,000,000 in 2024, reflecting a 62.7% increase[41] - The total current liabilities increased to $508,148,000 in 2025 from $349,854,000 in 2024, reflecting a rise of 45.2%[41] Other Financial Information - The company completed the sale of VACCO Industries, recognizing an after-tax gain of $173 million during Q4 2025[16] - The company incurred $40.1 million in after-tax charges for FY 2025, impacting adjusted net earnings[39] - Interest expense for Q4 2025 was $5.1 million, down from $6.0 million in Q4 2024, showing a decrease of 15%[28] - Net earnings for Q4 2025 were $218.7 million, compared to $34.3 million in Q4 2024, reflecting a significant increase[28] - Net earnings for the year ended September 30, 2025, were $299,223,000, a significant increase from $101,881,000 in 2024[43] - Adjusted net earnings for FY 2025 were $156.4 million, up from $123.2 million in FY 2024, indicating a 27% growth[39] - The company reported a depreciation and amortization expense of $75,021,000 for the year ended September 30, 2025, compared to $52,155,000 in 2024, indicating a 43.8% increase[43] Future Outlook - Management expects FY 2026 sales growth of 16% to 20%, with A&D segment projected to grow 33% to 38%[18] - FY 2026 Adjusted EPS is anticipated to increase 24% to 29% to a range of $7.50 to $7.80 per share[18]

Core Insights - ESCO Technologies Inc. reported a strong performance in Q4 2025 and FY 2025, with significant increases in sales, orders, and earnings per share, driven by strong market demand and strategic acquisitions [1][4][6] Financial Performance - Q4 2025 sales increased by 29% to $353 million, with entered orders rising by 30% to $321 million [1][7] - FY 2025 sales grew by 19% to $1.1 billion, with entered orders increasing by 57% to $1.6 billion [1][7] - Q4 2025 GAAP EPS from continuing operations rose by 14% to $1.73, while adjusted EPS increased by 30% to $2.32 [1][7] - For FY 2025, GAAP EPS from continuing operations increased by 13% to $4.49, and adjusted EPS rose by 26% to $6.03 [1][7] Segment Performance - Aerospace & Defense (A&D) segment saw Q4 2025 sales increase by 71.6% to $170 million, with organic sales up by 13.1% and Maritime contributing $58 million [6][30] - For FY 2025, A&D sales increased by 40.4% to $478 million, with organic sales up by 12.5% [6][34] - Utility Solutions Group (USG) reported Q4 2025 sales of $110 million, a slight increase of 1.6%, while FY 2025 sales rose by 3% to $380 million [10][34] - Test segment sales in Q4 2025 increased by 9.6% to $72 million, with FY 2025 sales up by 13.2% to $237 million [10][34] Operational Highlights - The company completed the divestiture of VACCO Industries, recognizing an after-tax gain of $173 million [12] - Management expects double-digit growth in sales, Adjusted EBIT, Adjusted EBITDA, and Adjusted EPS for FY 2026 [13][18] - The next quarterly cash dividend of $0.08 per share is scheduled for January 16, 2026 [13] Business Outlook - For FY 2026, sales are expected to grow by 16% to 20%, with A&D projected to grow by 33% to 38% [18] - Adjusted EBIT is anticipated to increase by approximately 21% to 25%, with margins improving to 20.9% to 21.5% [18] - Adjusted EPS for FY 2026 is expected to rise by 24% to 29%, reaching a range of $7.50 to $7.80 per share [18]

Core Insights - Green Rain Energy Holdings Inc. has achieved two significant milestones in its clean energy and EV charging initiatives [1] - The completion of the Rochester, NY project was supported by a $400,000 utility incentive [1] - A major EV infrastructure survey has been launched at the Tempe Hilton Hotel in Tempe, Arizona [1] - The company operates under a capital-light, debt-free ESCO business model, which allows for recurring revenue without long-term debt or dilution [1] Company Developments - The Rochester, NY project completion marks a key advancement in Green Rain's nationwide initiatives [1] - The $400,000 utility incentive highlights the company's ability to secure financial backing for its projects [1] - The launch of the EV infrastructure survey in Tempe indicates the company's commitment to expanding its EV charging network [1] Business Model - Green Rain's ESCO business model is designed to develop and monetize high-value energy assets [1] - The capital-light structure of the business model minimizes financial burdens, allowing for sustainable growth [1] - The absence of long-term debt or dilution positions the company favorably for future investments and expansions [1]

Core Insights - ESE Entertainment Inc. has announced a significant agreement through its subsidiary, Bombee Global Entertainment Ltd., to provide white-label production and technical services for large events in November 2025, generating revenue of CAD $1,743,758 [1] Company Summary - ESE Entertainment Inc. operates in the live event production and broadcast services sector through its subsidiary, Bombee Global Entertainment Ltd. [1] - The agreement signed by Bombee is expected to enhance the company's revenue stream and solidify its position in the industry [1]

Core Viewpoint - ESCO Technologies Inc. is set to report its fourth quarter financial results on November 20, 2025, followed by a conference call to discuss the results and related commentary [1]. Group 1: Financial Reporting - The fourth quarter 2025 financial results will be announced after market close on November 20, 2025 [1]. - A conference call will take place at 4:00 p.m. Central Time to discuss the financial results [1]. - A webcast and accompanying slide presentation will be available in the Investor Center of ESCO's website prior to the call [1]. Group 2: Company Overview - ESCO Technologies is a global provider of highly engineered products and solutions serving diverse end-markets [3]. - The company manufactures filtration and fluid control products, advanced composites, and power management solutions for aviation, Navy, and industrial customers [3]. - ESCO is recognized as an industry leader in designing and manufacturing RF test and measurement products and systems, along with providing diagnostic instruments, software, and services to industrial power users and the electric utility and renewable energy sectors [3]. - The company is headquartered in St. Louis, Missouri, with offices and manufacturing facilities worldwide [3].